A firm has just paid a dividend of $1.2 per share. The dividend is expected to grow

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A firm has just paid a dividend of $1.2 per share. The dividend is expected to grow at 10.7% per year for two years and then grow at a constant rate of 2% per year in perpetuity. The cost of equity is 7.4%. What is the value of each share?

Posted Date: May 21, 2024 02:05 AM

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A firm has just paid a dividend of $1.2 per share. The dividend is expected to grow

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